Recently, we have been privileged to work with some of the most prolific tax deed investors in the state of Florida. These individuals and companies have many years of experience in tax deed investing andare experts in their fields. But all is not golden. Even the most seasoned tax deed investors have been faced with an unsatisfactory choice: hold their property for four years until title is deemed clear and sell via warranty deed at full fair market value, or sell urgently via special warranty deed or quit claim deed at a discounted price because title is still tainted by the tax deed process. We have estimated that investor’s losses on fair market value from this second choice range from 20% to 30% depending on the property value, but we would be interested to hear your opinions.
We have created a third option for investors. There is no reason why even the most urgent disposal should not realize the maximum profit possible for the investor. Our largest customers now get the benefit of our 20-day service to enable a quick sale with full warranty of title and consequently no loss on fair market value. In the time it takes to find a buyer and take the closing process through its initial stages, we can remove all questions over the title of tax deed investments, and the investor/buyer gets to access title insurance free of exceptions or abnormal conditions.
Title certification doesn’t fit all tax deed investments, but it particularly benefits those properties that need to be sold on with speed, or where an investor wants to recognize the full fair market value of their assets, not the suppressed value that tax deed properties inherently display.
admin February 25, 2015
Posted In: Uncategorized